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Turkey's economy grows 4.5% in Q1

Turkey's economy grew 4.5% year-on-year in the first quarter of 2020, the country's statistical authority announced Friday. According to the Turkish Statistical Institute (TurkStat), gross domestic product (GDP) at current prices amounted to 1.07 trillion Turkish liras ($176.1 billion) in...

New Zealand near eradication, but virus has grim global hold

New Zealand had all but eradicated the coronavirus from its shores Friday with just one person in the nation of 5 million known to be still infected, but developments elsewhere were generally grim, with India reporting another record increase in cases and Pakistan a record number of deaths....

Russia sees highest daily COVID-19 fatalities

Russia on Thursday reported the highest-ever number of fatalities caused by the novel coronavirus infection, with 174 people claimed over the past day, raising the death toll to 4,142. But recoveries also outnumbered new cases for the third day in a row, as over the last 24 hours 8,785...

As Iraq lockdown chokes off imports, local businesses thrive

In Iraq, a national lockdown to halt the coronavirus pandemic has found some unexpected fans: local businesses who no longer have to compete with Turkish, Iranian or Chinese imports. Those countries, as well as Saudi Arabia, Jordan and Kuwait, typically flood Iraqi markets with inexpensive...